MATHEMATICAL MODELLING OF SOCIO-ECONOMIC PROCESSES AND SYSTEMS
Assessing the impact of intellectual capital on economic growth
The article explains the elements that have the largest share in intellectual capital and explains the possibility of quantitative assessment of the specific weight of these elements in intellectual capital. Here on the example of the Republic of Azerbaijan on the basis of statistical data the value of works and services on intellectual capital in Azerbaijan is analyzed, as well as the dynamics of added value created at the expense of intellectual capital. In the article, the impact of added value created by intellectual capital on economic growth in Azerbaijan has been evaluated in the software package Eviews-12.